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Worcester 01532
88 Ridge Rd
Photo of 88 Ridge Rd
Sold on Oct 31, 2005

1

Map

$507,500
● House - Off Market

88 Ridge Rd

Northborough, MA 01532
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,352 Ft²
$899,140
RealtyHop Estimate
72.91%
Since Nov 1, 2005
National-US
Primary Model

About This Property

Better than new '2002' Colonial with lots of upgrades (hardwoods on 1st floor, c-tile kitchen w/center island & Corian counters, central air, Berber on 2nd floor & more).  Situated on 8+ acres, this home sets back 200' from road for privacy but offers views of Bartlett Pond right across the road.  Magnificent 2-story foyer with oak stairs & crystal chandelier, front to back fireplaced family room.  This is truly a wonderful place to call home!
Unit Size
2,352 Ft²
Days on Market
-
Land Size
8.30 acres
Price per sqft
$221
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #70220285)

Price History

Date / Event Date Event Price
Nov 8, 2005 Sold
Premium
Sold
Jun 29, 2005 Listed $520,000
Listed
Mar 21, 2000 Sold
Premium
Sold
Jul 23, 1999 Listed $115,000
Listed

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,253
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 361,378
  • Total Building Area: 2,352
  • Gross Building Area: 4,373
  • Building Area: 2,352
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,352
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000008296
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northborough-Southborough School District
  • Census Tract: 740102

Zoning

  • Zoning: RC

Geography

  • Parcel: NBOR M:0720 L:0022
  • Lot: 22
  • Municipality: NORTHBOROUGH
  • Latitude: 42.3146
  • Longitude: -71.6211

    Address

  • Full Address: 88 Ridge Rd
  • Address - House Number: 88
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northborough
  • Carrier Code: R003
  • 4-Digit Zip Code: 2006
  • Zip Code: 01532

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,020,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 778,586
  • High Value: 900,148
  • Low Value: 657,024

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $714,300
  • Assessed Land Value: $257,100
  • Assessed Improvements Value: $457,200

    Sales

  • Current Sale Recording Date: Nov 08, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00190684
  • Previous Sale Recording Date: Mar 21, 2000
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Worcester

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2378 ft²

Average Home Age

64.6 years

Currently For Sale

2018 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70220285

Frequently Asked Questions

When was property at 88 Ridge Road built and last sold?
The property at 88 Ridge Road was built in 2002 and last sold on Jan 1, 1970 for $507,500.
How much is this home worth?
The estimated value of the home located at 88 Ridge Road is $530,046.
What are some comparable homes to 88 Ridge Road?
There are currently no comparable homes to 88 Ridge Road.
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